What can I do as an undergrad to break into a hedge fund upon graduation instead of taking the investment banking route first?
PE
(Senior Baboon, 218
Points)
on 6/26/12 at 9:08am
What can I do as an undergrad to break into a hedge fund upon graduation instead of taking the investment banking route first?
"Respect others in their view, and demand that they respect yours. Love your life, perfect your life, beautify all things in your life."





You can start by not asking
You can start by not asking these types of questions.
Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
Hardly any hedge funds have
Hardly any hedge funds have proper grad recruitment schemes, it's all about networking. I only have experience of London though, it happens very rarely here. I've noticed a lot more undergrads/grads in NYC with HF experience so it could be different.
It has to be said though that the training isn't as comprehensive if you go straight in after graduation.
Bridgewater recruits at Yale
Bridgewater recruits at Yale
Just saying...
We're starting a hedge fund
We're starting a hedge fund portion for our company...what're your qualifications...in shape? stern disciplinarian? enjoy working with children?
I eat success for breakfast...with skim milk
Search bar works wonders, no?
Search bar works wonders, no?
I hate victims who respect their executioners
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It's not impossible, you just
It's not impossible, you just have to dig through your school's recruiting system throughout the year but you'll be lucky to find it. My advice is to out-prepare your entire class by showing interest in the hedge fund industry, and when time comes for the interview you can demonstrate how you are the best person for the position.
A few local hedge funds recruit at USC.
You know what you could do?
You know what you could do? You could be do your own research and find the answer yourself?
The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee
WSO is not your personal search function.
Start your own Hedge
Start your own Hedge Fund.
Edit: omg, can't believe I'm the first one to write this... You guys are getting slow.
"Every man should lose a battle in his youth, so he does not lose a war when he is old"
Judging by the lack of
Judging by the lack of independent research skills you're showing right now I'm not sure that would be such a good idea for you...
Who are you going to believe, me or your lying eyes?
What if he was the next Ken
What if he was the next Ken Griffin... But now he is going to be at Walmart...
"Every man should lose a battle in his youth, so he does not lose a war when he is old"
Yes, I do need to find out
Yes, I do need to find out more of this on my own. Thanks.
"Respect others in their view, and demand that they respect yours. Love your life, perfect your life, beautify all things in your life."
Yea...you do
Yea...you do
I eat success for breakfast...with skim milk
Don't listen to these
Don't listen to these troll....
I did it right out of college with an Engineering degree.
Anyways I'd follow Redrooms advice and be the #1 (by far) with respect to your class. Furthermore, having a combination of intellectual prowess, quantitative rigor, some sort of programming experience, charm and a large network (that will actually help you - not just the number of people you know on FB/Linkedin) will be essential.
It wont be easy but with a bit of luck you can do it!
Okay, well with an investment
Okay, well with an investment banking and private equity internship under my belt, will it be significantly easier? I interned at a small buyout fund last fall (after I wrote this post) and am about to begin a summer internship at small investment bank (70% of rev comes from sell-side assignments).
1. Will that experience (modeling, writing, research), along with "investment banking" and "private equity" help? Why or why not?
2. Also, regarding your emphasis on relationships (that will actually help me), I have built a lot of private equity and investment banking relationships (probably around 120 people across both fields) but only know 2 hedge fund people. What kind of relationships are you talking about? ER analyst (<--good ones who will help with long/short picks) and HF relationships? Some color on this would help...
"Respect others in their view, and demand that they respect yours. Love your life, perfect your life, beautify all things in your life."
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MUTT